Phoenix, Glendale and Mesa real estate and homes for sale in Arizona - CurtisJohnsonRealty, REALTORS® CurtisJohnsonRealty REALTORS(r) for Phoenix, Glendale and Mesa, Arizona real estate - NUMBER1EXPERTS™ CurtisJohnsonRealty NUMBER1EXPERTS(tm) for Phoenix, Glendale and Mesa, Arizona real estate
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CurtisJohnsonRealty, REALTORŪ, real estate agents and broker for Phoenix, Glendale and Mesa Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)



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Mortgage Calculators: Phoenix, Glendale and Mesa Arizona home buying, real estate listings, and homes for sale in Maricopa County, AZ
Welcome > Resources > Mortgage Calculators > Your Maximum Mortgage ...


The Best Mortgage Calculators On the Web! 

Please try our Java loan and mortgage calculators. They take a minute to load, but they are worth it! Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Each financial calculator also includes a View Report option. The mortgage repayment schedule and other reports are fully customizable. These reports are designed for you to print out and keep... 

What's Your Maximum Mortgage?

What is your maximum mortgage? That largely depends on your income and current monthly debt payments. This calculator collects these important variables and determines your maximum monthly housing payment and the resulting mortgage amount.

This Financial Calculator requires a Browser with Java Support



Definitions

Monthly income
Total monthly income from all sources. All income should be entered before taxes.

Monthly housing expenses
Your monthly houses expenses from the housing expenses worksheet. The items entered as housing expenses make up the taxes and insurance portion of your monthly PITI payment.

Monthly liabilities
Your monthly liabilities from the liabilities worksheet. Your monthly liabilities are used to calculate your maximum PITI.

Monthly housing payment (PITI)
This is your total Principal, Interest, Tax and Insurance (PITI) payment per month. This includes your principal, interest, real estate taxes, hazard insurance, association dues or fees and principal mortgage insurance (PMI). Maximum monthly payment (PITI) is calculated by taking the lower of these two calculations:

  1. Monthly Income X 28% = monthly PITI
  2. Monthly Income X 36% - Other loan payments = monthly PITI

Maximum principal and interest (PI)
This is your maximum monthly principal and interest payment. It is calculated by subtracting your monthly taxes and insurance from your monthly PITI payment. This calculator uses your maximum PI payment to determine the mortgage amount that you could qualify for.

Start interest rates at
The current interest rate you could receive on your mortgage. This is used as the starting point for displaying a range of interest rates and the resulting mortgage amount.

Term in years
The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.

The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.




CurtisJohnsonRealty, REALTORŪ, real estate agents and broker for Phoenix, Glendale and Mesa Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Curtis Johnson
Curtis Johnson Realty

1839 S Alma School Rd, Suite 150
Mesa, AZ 85210
480-355-4000
Office: 480-355-4055
Sellers: 480-355-4040
Email: Leads@CurtisJohnsonRealty.com

A REALTOR who really cares, Curtis has built a solid base of satisfied homeowners. His business objective is to market properties for sellers and work for buyers to obtain the best home for them. Curtis has an extensive knowledge of the local real estate market.

Curtis holds several advanced professional designations including Graduate of the Residential Institute, Accredited Buyer Representative and he is one of the select few to obtain the Certified Residential Specialist designation. His areas of specialization include residential and income properties, relocations, "hard-to-sell" homes, and other challenging sectors of real estate. Curtis has been featured nationally on the cover of Realtor Magazine as well as locally in many publications for his innovative and aggressive marketing plans.

Curtis actively participates in local politics, projects of community service organizations, and is active in his church. In his leisure, he enjoys sports and spending time with family and friends. He and his wife, Marilyn, live in Chandler, AZ, with their two sons.

ABRCRSGRIMLSREALTOR


Curtis Johnson Realty Arizona Realtors real estate and homes for sale in Phoenix, Glendale and Mesa Arizona

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